Existing terraced house prices, 7 German cities (stock)
Existing terraced house prices, 7 German cities (stock) stood at 94.3 in 2025, according to Deutsche Bundesbank. It is one of the indicators in the Property market (annual) table (Value · Annual), with a complete series running from 2004 to 2025. The complete series with an interactive chart, free to download.
This indicator in the Property market (annual) table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Houses (all); housing-stock-based property and regional weighting, 7 large cities - Bundesbank calculation | 93.9 | 93.7 | 94.7 | 100 | 93.4 | 85.5 | 79.2 | 74.1 | 67.9 | 64.2 | |
| Terraced housing (all); housing-stock-based property and regional weighting, 7 large cities - Bundesbank calculation | 95.8 | 95.3 | 95.3 | 100 | 93.8 | 86.6 | 79.7 | 74.4 | 67.5 | 63.3 | |
| Re-occupied terraced housing; housing-stock-based property and regional weighting, 7 large cities - Bundesbank calculation | 94.3 | 94.1 | 94.3 | 100 | 94 | 86.9 | 80.1 | 74.7 | 68 | 64 |
Understanding existing terraced house prices, 7 German cities (stock)
Focusing on the secondary market for attached family homes, this Bundesbank series evaluates the resale of re-occupied terraced housing within the seven primary urban perimeters. By deliberately stripping out initial developer sales, the metric hones in on the turnover of established row houses embedded in mature residential districts. The application of a housing-stock-based weighting ensures the transaction data remains strictly proportional to the actual distribution of older attached dwellings. This yields an unclouded view of middle-density urban housing liquidity, completely divorced from the premium pricing attached to brand-new construction projects.
Interpreting the valuation of existing row houses requires distinguishing the asset from both flats and detached homes. Because established terraced properties offer ground-level living but lack the expansive plots of standalone estates, their pricing trajectory typically exhibits smoother, more predictable cycles. When examining the Index 2022=100 trajectory, year-on-year comparisons serve as an excellent barometer for family mobility within the established city limits. Observers should factor in the hidden influence of private modernizations, as the gradual retrofitting of legacy terraced blocks subtly bolsters the overall structural valuation captured in these secondary market exchanges.
Frequently asked questions
- Are previously rented terraced houses that are sold to owner-occupiers included?
- Yes, any established terraced home that transitions into an owner-occupied status through a market transaction is captured by this secondary market measure.
- How does the calculation handle row houses that have been heavily extended?
- Extensions and structural modifications are inherently priced into the final transaction value, seamlessly blending into the aggregate existing stock metric.
- Why is a stock-based weighting applied to secondary market sales?
- Aligning the data with the actual physical inventory prevents brief spikes in local transaction volumes from distorting the true valuation of the broader urban terraced footprint.